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Payments strategies 2015-2020-2030

Archive for: March, 2011

Matthew Dragiff - SunGard AvantGard Payment Services - Jacksonville | 31/03/2011 | 3749 views | 2 comments

When the US Payment is the Foreign Payment

The North American B2B Payments landscape is somewhat unique, due in large part to the significantly high use of checks as opposed to ACH, wires or cards. The shortcomings of checks are well known and understood and they include higher costs, greater levels of fraud and longer settlement periods. The 2010 AFP Electronic Payments Survey indicated t... Tags: Cards, Payments

Matthew Dragiff - SunGard AvantGard Payment Services - Jacksonville | 29/03/2011 | 3902 views | 1 comment

Why Do Checks Still Dominate B2B Payments in NA? Cont'd

Why do companies continue to pay by check? In part five of the series, “The Top 5 Reasons Why Checks Still Dominate B2B Payments,” I explore the challenges of corporate inertia and resistance to change. Reason #5 - Corporate Inertia and Resistance to Change. Let’s face it, organizational change is difficult. For some, the risk ... Tags: Cards, Payments

Antti Larvala - CAL360 Degrees - Brussels | 24/03/2011 | 3691 views

Customer created bank services

Instead of each bank creates their own new services, is there a need for customer created banking services? Current world Today if I have a new and brilliant idea of new banking service, I tell my own bank this idea. Most of the times (9999/10000) it is automatically rejected. This means that I don't go to other banks and get same feedback. Idea... Tags: Online banking, Payments

Antti Larvala - CAL360 Degrees - Brussels | 21/03/2011 | 2833 views | 2 comments

Direct debit vs e-invoice

For some countries, direct debit is the main payment system, whereas some countries like to push e-invoice to be main payment system. Both are really good ways for merchant but also for consumers to receive/ pay money. When talking with merchant, their only worry or request is to get money as easy as possible without scarifying too much energy or ... Tags: Online banking, Payments

Matthew Dragiff - SunGard AvantGard Payment Services - Jacksonville | 17/03/2011 | 4021 views | 3 comments

Why Do Checks Still Dominate B2B Payments in NA? Cont'd

Why do companies continue to pay by check? In part four of the series “The Top 5 Reasons Why Checks Still Dominate B2B Payments,” I explore the challenges surrounding the perceived need for IT resources.Reason #4 - IT Resources. Every IT department will tell you that they have more projects to do than they have resources and budget to ... Tags: Cards, Payments